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Lear (LEA) Pretax Margin % : 2.78% (As of Dec. 2024)


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What is Lear Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lear's Pre-Tax Income for the three months ended in Dec. 2024 was $159 Mil. Lear's Revenue for the three months ended in Dec. 2024 was $5,715 Mil. Therefore, Lear's pretax margin for the quarter that ended in Dec. 2024 was 2.78%.

The historical rank and industry rank for Lear's Pretax Margin % or its related term are showing as below:

LEA' s Pretax Margin % Range Over the Past 10 Years
Min: 1.76   Med: 4.06   Max: 7.46
Current: 3.15


LEA's Pretax Margin % is ranked worse than
57.19% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 4.34 vs LEA: 3.15

Lear Pretax Margin % Historical Data

The historical data trend for Lear's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lear Pretax Margin % Chart

Lear Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 3.03 2.44 3.31 3.14

Lear Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 2.62 3.77 3.41 2.78

Competitive Comparison of Lear's Pretax Margin %

For the Auto Parts subindustry, Lear's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lear's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lear's Pretax Margin % falls into.


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Lear Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Lear's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=732.9/23306
=3.14 %

Lear's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=158.9/5714.6
=2.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lear  (NYSE:LEA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Lear Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Lear's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lear Business Description

Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns most of its revenue from the seating segment.
Executives
Mallett Conrad L Jr director
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Jason M Cardew officer: SVP & CFO 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Raymond E Scott director, officer: President & CEO
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Carl A. Esposito officer: SVP & President, E-Systems 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini officer: EVP & President, Seating 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Marianne Vidershain officer: VP, Treasurer 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Thomas A Didonato officer: SVP & CAO AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis officer: SVP, Corp Dev & Inv Relations 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone director
Patricia L Lewis director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess officer: VP & Treasurer
Harry Albert Kemp officer: SVP, Gen Counsel & Corp Sec 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033